Exem1234 Exem1234

07-12-2020
Mathematics

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If £2000 is put into a bank account that pays 3% compound interest per year. How much will be in the account after 3 years?

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Ella1130 Ella1130

07-12-2020

Answer:

im super duper sorry if this is wrong, but my answer is: £4000 (apologies if wrong)

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heidygchavez heidygchavez

07-12-2020

£2,185.45
Use formula A=P(1+r/n)^nt

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